DBS savings promo 4% interest

kevinkoh1992

Member
Joined
Dec 19, 2002
Messages
341
Reaction score
2
Saw this current promo.
http://www.dbs.com.sg/personal/byob.page?pid=sg-dbs-pweb-home-heroblock-others-byob-btnfindoutmore

Still have $100 sign up bonus.
Question, whether I can do a month's salary crediting & then switch out?
http://www.dbs.com.sg/iwov-resources/pdf/others/first-jobber-tactical/first-jobber-tactical-tnc.pdf

TnC did not state if salary credit needs to be on-going every month.

Only applies for the amount for the SAYE account, which has a monthly savings limit of 3k. Moreover, the bonus 2% interest comes into PayLah! What a hard sell haha
 

koja6049

Master Member
Joined
Nov 5, 2015
Messages
4,717
Reaction score
0
wow 4% interest, what's the catch? Can I park 100k in the SAYE account and then monthly transfer $50?

Doing salary credit for only 1 month is too troublesome, keep changing account sure get gan by finance department :o
 

pinpinpin

Suspended
Joined
Mar 1, 2013
Messages
4,014
Reaction score
1
Conditions to fulfill within the same calendar month:
(A) Credit monthly salary in a POSB/DBS savings/current account, and
(B) Credit monthly savings amount into the SAYE account and no withdrawal made
from SAYE account, and
(C) Make a minimum of 5 retail transactions (“Qualifying Transactions”) on your Card
Account per calendar month.

CANNOT withdraw?
 

Squaredot

Arch-Supremacy Member
Joined
Feb 12, 2009
Messages
16,619
Reaction score
3,895
Age limit?

Means it's age discrimination.

Got age limit! Pls ban this bank.

Not for old people!! Angry siah !!

This Promotion is open to customers who aged from 18 to 30 years old and did not have salary crediting arrangement with a DBS/POSB account between 01 September 2016 and 28 February 2017.
 

sg_investor

Senior Member
Joined
Sep 3, 2016
Messages
1,037
Reaction score
2
Would it be useful to have such syringent criterias? Can they really be able to calculate the profitability of people in this profile?

Not for old people!! Angry siah !!

This Promotion is open to customers who aged from 18 to 30 years old and did not have salary crediting arrangement with a DBS/POSB account between 01 September 2016 and 28 February 2017.
 

numbers

Master Member
Joined
Oct 24, 2006
Messages
2,864
Reaction score
769
Taken from their T&C on website
"You must be a working adult from 18 to 30 years old, and did not have salary crediting arrangement with a DBS/POSB account between 01 September 2016 and 28 February 2017."


Wow....guess...loyal customers like me are not entitled then...even with all other bank promos, i stuck with posb/dbs even when they had no special interest rates
 

chuanz

Master Member
Joined
Nov 18, 2007
Messages
4,816
Reaction score
11
Well, this is obviously targeted at young working adults.
Maybe some CSR effort to encourage saving instead of YOLO.
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Community Guidelines and Standards, Terms of Service and Member T&Cs for more information.
Top